# PPP loan: SIMS PLASTICS INC
> **$318K** approved 04/14/2020 · Paid in Full · Loan `6047337102`
## Borrower
- **Name:** SIMS PLASTICS INC
- **Address:** 1101 W  42ND ST, ODESSA, TX, 79764-4009
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 20
## Lender
- **Originating:** SouthWest Bank
- **Servicing:** SouthWest Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*